6641 Carleton Avenue S #BSeattleWA98108
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Seattle at 6641 Carleton Avenue S #B, Seattle, WA, 98108 generates $3,592/mo in rent, after a $3,108/mo payment. Total monthly income is $3,592/mo. Return on cash invested sits at 18.77% in year one, and rental yield is 6.79% on a $635,000 entry. Equity gained on principal adds $4,098/yr, while 5% annual appreciation builds toward $175,439 over five years. Five-year ROI reaches 96.45% and total cumulative return in cash sums $201,500. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,592/mo property income rather than buyer’s personal income.
Townhouse
Built in 2017
1,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98108, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,328 (100%) |
| Owner Occupied HU | 4,948 (53.0%) |
| Renter Occupied HU | 3,922 (42.0%) |
| Vacant Housing Units | 458 ( 4.9%) |
| Median Home Value | $749,652 |
| Average Home Value | $849,608 |
Housing Distribution
Address Breakdown
Residential
8,731
Single Family
7,391
Multi-Family
1,340
Businesses
1,776
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Listed by: Matt Jensen • The Agency Northwest
Mls Name: NWMLS
Mls ID: #2454485